A study on deposit mobilization of Kumbakonam central co-operative bank with reference to Mayiladuthurai branch
- Country : India
- Subject : Commerce
Keywords : Co-operative bank, various deposit mobilization schemes
Abstract
The principle of co-operation, all sociability and mutual aid, the progress of organic life, the improvement of the organism, and the strengthening of the species becomes utterly Incomprehensible. Deposits are the life blood of a banking institution, including co-operative banks, as they constitute the chief source of funds to undertake lending operations. The banks offer a number of deposit schemes to the public which include fixed deposit, saving deposit, current deposit, Recurring deposit, Thrift deposit.
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